Tag Archives for 737 max.
American Airlines President Robert Isom hosted a meeting separately with pilots and with flight attendants updating employees on the 737 MAX. At the final ‘Crew News’ employee forum of the year they walked through Boeing’s changes to the MCAS system in anticipation of the aircraft’s return to service. They’re confident in the fix to the underlying issue that occurred in both the Lion Air and Ethiopian disasters.
Executive Vice President and Chief Financial Officer Gerry Laderman and Executive Vice President and Chief Commercial Officer Andrew Nocella answered questions from Helane Becker at the Cowen and Company 12th Annual Global Transportation Conference.
During the discussion there were four things that stood out to me as being interesting, even if some were relatively tangential for analysts covering the stock.
Details on the conditions under which the auto-pilot won’t promptly disengage aren’t yet available. However crucial seconds may matter in an emergency and this item is listed among critical issues Boeing must address. The FAA is looking to re-certify in conjunction with other major regulators, so EU insistence effectively means that Boeing has to solve this problem before the plane can fly again in the U.S. as well.
The FAA has been trying to get other countries on board with re-certifying the Boeing 737 MAX. Some industry leaders, such as American Airlines CEO Doug Parker, are so confident and ready to see the plane back in the skies that they attribute delay to political gamesmanship.
However one new wrinkle has been uncovered in Boeing’s quest to have the aircraft re-certified.
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Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
